A TIL Å UTVIKLING AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2018-04-24; registry 2018-05-05; journal 2018 300070
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A TIL Å UTVIKLING AS. Revenue 2.90m NOK → 2 900 NOK (-99.9%). Net result -5 962 NOK → -98.8k NOK. Equity -63.7k NOK → -162.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A TIL Å UTVIKLING AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.90m NOK to 2 900 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +68.7k NOK → -66.0k NOK (op. margin 2.4% → -2275.0%). Calculated
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↓
Net result weakened
Net result -5 962 NOK → -98.8k NOK (net margin -0.2% → -3405.9%). Calculated
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↓
Equity eroded
Book equity -63.7k NOK → -162.5k NOK (equity ratio -2.0% → -5.3%). Calculated
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↓
Cash fell
Bank deposits 50.6k NOK → 551 NOK (-98.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.74m NOK → 2 735 NOK (-99.9% YoY). Calculated